EAST WINDSOR, N.J.,
July 29, 2021 /PRNewswire/ --
Greenland Technologies Holding Corporation (NASDAQ: GTEC)
("Greenland" or the "Company"), a
technology developer and manufacturer of electric industrial
vehicles and drivetrain systems for material handling machineries
and vehicles, today announced the launch of its innovative new
GEF-series EV forklift, one of the industry's first lithium powered
EV forklift trucks. Deliveries will start in September 2021 in the North American
market.
Raymond Wang, CEO of Greenland, commented, "We are excited to
introduce our new line of lithium powered all electric forklift
vehicles to the North American market. Our team has done a
great job developing what we believe will be an industry disrupting
vehicle, based on extensive customer input and engagement. The
GEF-series lithium powered electric forklifts offer a big
competitive advantage over legacy vehicles powered by lead acid
battery arrays, giving customers both financial and operating
advantages of electrification in a warehouse fleet. Lithium is
the next evolution of electric power with greater power, longer
battery life and lower maintenance costs. With the high quality
Greenland is known for and a
competitive pricing model, we expect strong demand for these
vehicles as we continue our expansion in the important North
American market."
Greenland's GEF Electric
Lithium Forklifts are designed with varying rated load capabilities
and suited for a wide range of applications, including logistics,
warehousing, manufacturing and more. The new GEF-series
lithium powered EV forklift feature three models tailored to meet
customer needs and usage environments.
|
GEF-1800
|
GEF-2500
|
GEF-3500
|
Rated Load
(kg/lb)
|
1,800 /
3,960
|
2,500 /
5,500
|
3,500 /
7,700
|
Lifting Height
(feet)
|
10'
|
Lithium Battery
(V/Ah)
|
48 / 360
|
48 / 420
|
80 / 420
|
Operating Time
(hours)
|
6 hours
|
Charge Time
(hours)
|
2 hours
|
MSRP
|
~$24,999
|
~$29,999
|
~$35,999
|
About Greenland Technologies Holding Corporation
Greenland Technologies Holding Corporation (NASDAQ: GTEC)
is a developer and a manufacturer of drivetrain systems for
material handling machineries and electric vehicles, as well as
electric industrial vehicles. For more information
visit www.gtec-tech.com.
Forward-Looking Statements
This press release contains statements that may constitute
"forward-looking statements." Such statements reflect Greenland's current views with respect to
future events and are subject to such risks and uncertainties, many
of which are beyond the control of Greenland, including those set forth in the
Risk Factors section of Greenland's Annual Report on Form 10-K and
Definitive Proxy Statement on Schedule 14A filed with the SEC.
Copies are available on the SEC's website, www.sec.gov. Words such
as "expect," "estimate," "project," "budget," "forecast,"
"anticipate," "intend," "plan," "may," "will," "could," "should,"
"believes," "predicts," "potential," "continue," and similar
expressions are intended to identify such forward-looking
statements. These forward-looking statements include, without
limitation, Greenland's
expectations with respect to future performance. In addition, there
is uncertainty about the further spread of the COVID-19 virus or
the occurrence of another wave of cases and the impact it may have
on the Company's operations, the demand for the Company's products,
global supply chains and economic activity in general. Should one
or more of these risks or uncertainties materialize, or should
assumptions underlying the forward-looking statements prove
incorrect, actual results may vary materially from those described
herein as intended, planned, anticipated or expected. Statements
contained in this news release regarding past trends or activities
should not be taken as a representation that such trends or
activities will continue in the future. Greenland does not intend and does not assume
any obligation to update these forward-looking statements, other
than as required by law.
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SOURCE Greenland Technologies Holding Corporation